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Price and Change Rate determination Between Laos and Thailand

Author

Listed:
  • Joyeux, R.
  • Worner, W.E.

Abstract

The authors use cointegration techniques to test for (i) Purchasing Parity on the bilateral exchange rate between Laos and Thailand, and (ii) the existence of a long run equilibrium relationship between the official and parallel market exchange rates.

Suggested Citation

  • Joyeux, R. & Worner, W.E., 1996. "Price and Change Rate determination Between Laos and Thailand," Papers 96/29, New South Wales - School of Economics.
  • Handle: RePEc:fth:nesowa:96/29
    as

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    More about this item

    Keywords

    EXCHANGE RATE; FINANCIAL MARKET;

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects

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